ETH in the spotlight: latest news

News in the last hour
  • Positive 10%
  • Negative 40%
  • Neutral 50%
Summary: BitMine has made significant ETH purchases amidst a market downturn, raising questions about Ethereum's future. Various forecasts suggest potential price recovery, while bearish signals indicate market volatility and risks of further declines.
Dec 2TradingNEWS

Ethereum Price Drops Below $2,830 Amid $600M Liquidations

Ethereum's price has dropped 7% to $2,820 following $600 million in liquidations caused by a Yearn Finance exploit. Analysts suggest that if the current bear-flag breakdown continues, the cryptocurrency could decline further to around $2,140, with key support levels now focused at $2,260.
Dec 2CryptoPotato

Ethereum's 8% Drop: Is a Larger Correction Ahead for ETH?

Ethereum's recent surge towards the $3000 mark has come to a halt, with the market responding to a significant liquidity cluster and the prevailing downward trend.
Dec 2The Block

Tom Lee's BitMine now controls 3% of total Ethereum supply

Tom Lee, chairman of the firm, announced that they acquired 96,798 ETH in just one week, marking a 39% increase in their holdings despite the ongoing market turbulence. The firm now holds 3% of the total ETH supply.
Dec 2TradingView

Ethereum (ETH) price drops; echoes patterns from 2017 and 2020

The price of Ethereum (ETH) has declined following Bitcoin's drop below the critical support level of $84,000, which was triggered by a collapse in bid-side liquidity. This has caused significant turmoil in the cryptocurrency markets.
Dec 2Yahoo Finance

Ethereum Price Prediction for December Affected by Recent Crypto Crash

Ethereum's recent price drop has raised questions, although the underlying fundamentals for ETH remain unchanged. This decline has impacted price predictions for December.
Dec 2Decrypt

Bearish Indicators Emerge for Bitcoin and Ethereum as Charts Reflect Trends

Bitcoin dropped to a low of $85,000 today, while Ethereum experienced a decline of nearly 10%. Prediction markets indicate a bearish sentiment that aligns with the trends suggested by the charts.
Dec 2FXStreet

Ethereum price forecast: BitMine increases holdings as ETH falls below $2,800

Ethereum (ETH) experienced an 8% decline on Monday, falling below $2,800. This drop occurred despite BitMine's recent announcement that it expanded its holdings to 3.72 million ETH last week.
Dec 2Brave New Coin

Ethereum Price Forecast: Will ETH Hold $2,700 and Reach $3,800–$4,200 in 2025?

Ethereum is nearing a critical technical zone as traders evaluate short-term correction indicators in conjunction with long-term price forecasts for 2025. The focus is on whether ETH can maintain its position above $2,700 and work towards recovering in the $3,800 to $4,200 range.
Dec 2CoinDesk

BitMine Acquires 97K ETH Before Fusaka Upgrade

BitMine Immersion Technologies acquired 96,798 ETH last week, raising its total holdings to 3.73 million tokens. The company is currently managing significant unrealized gains.
Dec 2The Economic Times

Tom Lee's BitMine invests $265 million in Ethereum during market downturn

BitMine has acquired more than $265 million in Ethereum despite a considerable decline in the cryptocurrency market, prompting speculation about the potential recovery of ETH.
Dec 1TradingView

Analyst: Most Ethereum valuation models show ETH is undervalued

According to analyst Ki Young Ju, Ether (ETH) is deemed undervalued in nine out of twelve widely recognized valuation models.
Dec 1Live Bitcoin News

Ethereum Targets $3,200 Recovery Amid Low Stablecoin Yields

Ethereum is targeting a recovery to $3,200, supported by low stablecoin yields and renewed inflows from exchange-traded funds (ETFs), indicating a potential market rebound and cautious optimism among investors.
Dec 1The Motley Fool

Caution Advised for Investing in Ethereum, Solana, and XRP Now

Tokenized real-world assets (RWAs) on blockchains are expected to be a significant growth catalyst for the crypto sector in the next five years.
Dec 1CCN.com

Tom Lee predicts Ethereum could dip to $2,500 before 2026 rebound

Tom Lee predicts that the price of Ethereum (ETH) may temporarily fall to $2,500. However, he maintains a positive long-term outlook, forecasting a rise to between $7,000 and $9,000 by early 2026.
Dec 1TradingNEWS

Ethereum Price Surges Above $3,000 Ahead of Fusaka Upgrade

Ethereum (ETH-USD) is currently trading around $3,030, buoyed by a rebound in ETF inflows and increased accumulation by large investors. The upcoming Fusaka upgrade is expected to enhance scalability, targeting 100,000 transactions per second.
Dec 1Coinpaper

Fidelity's Ethereum Cash Fund Surpasses $250 Million Amid ETH Surge

Fidelity's tokenized money-market fund on the Ethereum blockchain has surpassed $250 million in assets as ETH demonstrates a bullish breakout pattern, indicating potential for further increases.
Dec 1Yahoo Finance

Ethereum Price Drops to $3,030 Amid ETF Outflows and Whale Activity

Ethereum's price dropped to $3,030 on Sunday, November 28, indicating a potential monthly decline of 21.4%. Significant sell-offs by large investors, known as whales, have contributed to this downturn.
Dec 1Markets.com

Ethereum (ETH) considered undervalued by multiple valuation models

Analysis of Ethereum's (ETH) valuation indicates that many models suggest it is currently undervalued, pointing out significant differences between the calculated values and the prevailing market price.
Dec 1Brave New Coin

Ethereum Price Drops from $3,100 High, Eyes $2,950 Support Retest

Ethereum experienced a pullback from its recent rally above $3,100, as diminishing short-term momentum meets new institutional challenges. Analysts suggest that the price may retest the $2,950 level in the near future.
Dec 1MSN

Tom Lee predicts Ethereum could reach $7,000–$9,000 by next year

Tom Lee, co-founder of Fundstrat, has expressed a bullish outlook on Ethereum, predicting its price could reach between $7,000 and $9,000 by next year. He believes that Ethereum has the potential to outperform Bitcoin, as crypto investors are increasingly backing his optimistic projections for the cryptocurrency's future.
Nov 30BeInCrypto

Ethereum Price Signals Warning as Key Sellers Reemerge

The Ethereum price is currently facing pressure as significant sellers re-emerge. This situation raises concerns about a potential trend shift, prompting warnings from data analysis.
Nov 30CryptoRank

Ethereum (ETH) Approaches $3K: Will It Bounce Back or Drop?

Ethereum is currently testing the $3,000 mark amidst a market sentiment dominated by fear. The mixed signals from various crypto tokens are keeping traders alert, leading to both potential corrections and opportunities for recovery.
Nov 30CryptoPotato

Assessing Ethereum's True Value and Current Price Today

The discussion focuses on whether Ethereum (ETH) is currently trading below its fair value and aims to determine its true price today.
Nov 30TradingNEWS

Ethereum Price Holds Above $3,000 Amid $1.7 Billion Options Expiration

Ethereum's price is currently around $3,030, following the expiration of $1.73 billion in options and an influx of $291 million into ETFs.
Nov 30The Economic Times

Robert Kiyosaki warns of financial crisis; advises investing in Bitcoin and gold

Bestselling author Robert Kiyosaki has issued a warning about an impending global financial crisis. He advises investors to consider investing in Bitcoin, Ethereum, and gold as a safeguard against potential market turmoil.